Wedbush Weighs in on AppLovin Co.’s Q1 2026 Earnings (NASDAQ:APP)

AppLovin Co. (NASDAQ:APP) – Equities research analysts at Wedbush issued their Q1 2026 EPS estimates for AppLovin in a research note issued to investors on Thursday, May 9th. Wedbush analyst N. Mckay forecasts that the company will post earnings of $0.73 per share for the quarter. Wedbush has a “Outperform” rating and a $100.00 price target on the stock. The consensus estimate for AppLovin’s current full-year earnings is $2.54 per share.

Other research analysts have also recently issued reports about the company. Jefferies Financial Group upped their price objective on AppLovin from $93.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday. The Goldman Sachs Group lifted their price target on shares of AppLovin from $73.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday. TheStreet raised AppLovin from a “d+” rating to a “c-” rating in a report on Friday, March 8th. Needham & Company LLC reaffirmed a “hold” rating on shares of AppLovin in a report on Thursday. Finally, UBS Group upped their target price on AppLovin from $46.00 to $55.00 and gave the company a “neutral” rating in a report on Thursday, February 15th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, AppLovin presently has an average rating of “Moderate Buy” and an average price target of $68.89.

AppLovin Stock Up 2.9 %

Shares of APP stock traded up $2.46 during trading hours on Friday, reaching $87.15. 836,497 shares of the stock were exchanged, compared to its average volume of 4,122,910. AppLovin has a 12-month low of $20.90 and a 12-month high of $88.50. The business’s fifty day moving average is $70.10 and its two-hundred day moving average is $52.20. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.71 and a quick ratio of 1.71. The firm has a market capitalization of $28.71 billion, a P/E ratio of 84.69, a P/E/G ratio of 1.48 and a beta of 1.85.

AppLovin (NASDAQ:APP) last announced its quarterly earnings data on Wednesday, May 8th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.10. The firm had revenue of $1.06 billion during the quarter, compared to analyst estimates of $973.70 million. AppLovin had a net margin of 10.84% and a return on equity of 24.69%. AppLovin’s quarterly revenue was up 47.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.01) earnings per share.

Insider Activity at AppLovin

In other news, insider Victoria Valenzuela sold 2,890 shares of the business’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $57.76, for a total transaction of $166,926.40. Following the transaction, the insider now directly owns 546,560 shares of the company’s stock, valued at $31,569,305.60. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other AppLovin news, Director Craig Scott Billings sold 5,550 shares of the firm’s stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $58.33, for a total transaction of $323,731.50. Following the completion of the sale, the director now owns 12,739 shares in the company, valued at approximately $743,065.87. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Victoria Valenzuela sold 2,890 shares of the company’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $57.76, for a total value of $166,926.40. Following the completion of the transaction, the insider now directly owns 546,560 shares in the company, valued at $31,569,305.60. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 61,215 shares of company stock worth $4,416,815. 14.69% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On AppLovin

Institutional investors have recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. acquired a new stake in AppLovin during the third quarter valued at approximately $237,000. Robeco Institutional Asset Management B.V. acquired a new stake in shares of AppLovin during the 3rd quarter valued at approximately $45,000. Bank of New York Mellon Corp raised its position in shares of AppLovin by 5.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 709,140 shares of the company’s stock valued at $28,337,000 after acquiring an additional 34,067 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in AppLovin by 23.7% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 30,259 shares of the company’s stock worth $1,209,000 after purchasing an additional 5,807 shares during the last quarter. Finally, Strs Ohio acquired a new position in AppLovin in the third quarter worth $768,000. Institutional investors and hedge funds own 41.85% of the company’s stock.

About AppLovin

AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally. It operates through two segments, Software Platform and Apps. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; MAX, an in-app bidding software that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform that provides marketers with the visibility, insights, and tools needed to grow their apps from early stage to maturity; and Wurl, a connected TV platform, which distributes streaming video for content companies and provides advertising and publishing solutions through its AdPool, ContentDiscovery, and Global FAST Pass products.